Valeura Energy Inc T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.

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Valeura Energy Inc

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Comment by bigreturn11on Dec 30, 2017 11:56am

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Post# 27251166

RE:RE:RE:RE:RE:RE:RE:RE:Why The Drop

Does a restricted flow rate in test 4 really change anything after what we determined in tests 1 through 3? They could have stopped after interval 3 to show a major success. Hole number 1 has proved that this is very very positive.

I am 100% certain that STO is pleased with the Yamalik-1 results thus far. Not because I have spoke to them but because this going better than anyone had dreamed it could go. From my recollection somebody spoke to VLE management to get their thoughts and they indicated that the results were material to STO.

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